at 9:09 AM

Statutory Duties of Directors, i.e, Duties of Directors under the Companies Act

  • To act according to Articles
  • To ensure full and correct disclosure in Prospectus
  • To sign the Prospectus
  • To deliver prospectus to Registrar before issue
  • To keep deposited application money in a Scheduled Bank
  • To file the Return of Allotment
  • To deliver the Share Certificates
  • To pay the amount on shares taken
  • To sign and file Annual Return
  • To prepare and send copy of Statutory Report
  • To call Annual General Meeting
  • To lay accounts before AGM
  • To recommend Dividend and Pay
  • To prepare and attach Directors’ Report
  • To file the accounts with the Registrar
  • To help in the investigation of affairs of the Company
  • To take Qualification Shares
  • To call Board Meetings
  • To disclose interest in any Contract
  • To disclose the particulars of the Office held
  • To disclose Holdings
  • To disclose payments received in connection with the Transfer of Property
  • To disclose payments received in connection with the Transfer of Shares
  • To make declaration of Solvency in case of Winding Up

No comments:

Post a Comment

Download

Follow CA4ALL on Twitter

Followers